Apr 17, 2013 7:00pm PDT
et cetera to keep your maturity short. >> i want to squeeze in a tax question. we hear that the obama administration may want to put a cap on the tax exemption. is that another reason to clean up your portfolio now rather than wait? >> well, i don't know that it's another reason to clean up your portfolio, but it's certainly something to keep on the radar screen. you know, obviously, with everything that's going on in washington, everything is on the table. and with each one that comes out, there's a proposal that there would be a 28% cap on deductions so no one would be lower than the 28% tax bracket. that means you couldn't have all tax-free income that would put you in no tax bracket. in essence, that would be a tax on municipal bonds. mayors and governors are fighting this very, very aggressively. and each time they seem to get it out of the budget proposal and then a new budget proposal comes out and it's back in. i do believe that ultimately, state and local governments will be success chl in arguing that this will drive the economy right back into the recession and actually won
Apr 15, 2013 6:30pm PDT
ago. finally tonight, just a friendly reminder, it is tax day. a new study from a group called the national taxpayer advocate using confidential tax data for being most likely to fudge on their returns. some of the hot bed areas, los angeles, san francisco, houston, atlanta and washington, d.c. and some of the top small businesses that raise red flags are construction companies, real estate rental firms because they tend to write off so much. so, there's so much going on there, that we have to keep an eye on those tax cheats. >> first, you got to file your taxes. >> and hurry up. you've got until midnight. thanks for watching. >> i'm bill griffin. have a great evening. we'll see you tomorrow.
Apr 18, 2013 4:30pm PDT
his consumers were most worried about jobs followed by inflation, taxes and gas prices. consumers may have concerns, but a number of analysts aren't worried. >> i think walmart right now is running as well as walmart has ever run since i started watching them in 1968. they are doing a fabulous jobf bringing product at the price to the customer. >> reporter: and the stockholders are reaping the benefits. walmart sharesgained 27% over the last year, better than the s&p index and the broader s&p 500 over the same time period. for "nightly business report," i'm courtney reagan. >>> and tomorrow we turn our attention to housing and the one company to watch this earnings season. >>> so many american companies including many walmart suppliers move manufacturing out of the u.s. to plants in china, looking to save money. but things have changed. rising costs for labor, material and shipping has forced a lot of companies to consider bringing some of those jobs back home. phil lebeau has more from shanghai. >> reporter: here in shanghai, u.s. manufacturers who have set up plants here in china ar
Apr 23, 2013 4:30pm PDT
and the challenges they're facing in the months ahead. >> the combination of tax liens and higher revenue drove two of the country's largest airlines to post a rare profit in the first quarter. >> delta air lines, excluding charges it earned 10 cents a share on revenue of $8.5 billion. by the way, this is the first profitable first quarter in over a decade for delta. >> meanwhile, u.s. airways beat the street earning 31 cents a share on revenues of under 3.4 billion. the combination of tighter capacity and higher load factors meant they were lower in the first quarter and fuel prices also help the bottom line. executive it is for the airline expressed concerns due to the faa furloughs impacting their business in the second and third quarters. with more delays expected some on wall street are worried the sequester could warn potential airline customers not to fly. >> people get to vote their vacation dollars however they want and they see that it's a hassle to fly more than it's normally a hassle to fly and they may vote and, you know, differently and with lower gasoline price s they might get peopl